Modification of Class E Airspace; Rolla, MO, 6334-6335 [05-2232]
Download as PDF
6334
Federal Register / Vol. 70, No. 24 / Monday, February 7, 2005 / Rules and Regulations
7. Absence of an appropriate
assessment and documentation of the
consumer’s ability to repay the loan in
accordance with its terms,
commensurate with the type of loan, as
required by Appendix A of this part.
8. Mandatory arbitration clauses or
agreements, particularly if the eligibility
of the loan for purchase in the
secondary market is thereby impaired.
9. Pricing terms that result in the
loan’s being subject to the provisions of
the Home Ownership and Equity
Protection Act. 15 U.S.C. 1639 et seq.
10. Original principal balance of the
loan in excess of appraised value.
11. Payment schedules that
consolidate more than two periodic
payments and pay them in advance
from the loan proceeds.
12. Payments to home improvement
contractors under a home improvement
contract from the proceeds of a
residential mortgage loan other than by
an instrument payable to the consumer,
jointly to the consumer and the
contractor, or through an independent
third party escrow agent.
C. Enhanced Care to Avoid Abusive
Loan Terms, Conditions, and Features
in Certain Mortgages. A bank may face
heightened risks when it solicits or
offers loans to consumers who are not
financially sophisticated, have language
barriers, or are elderly, or have limited
or poor credit histories, are substantially
indebted, or have other characteristics
that limit their credit choices. In
connection with such consumers, a
bank should exercise enhanced care if it
employs the residential mortgage loan
terms, conditions, and features
described in paragraph B of this section
III, and should also apply appropriate
heightened internal controls and
monitoring to any line of business that
does so.
D. Avoidance of Consumer
Misunderstanding. A bank’s residential
mortgage lending activities should
include provision of timely, sufficient,
and accurate information to a consumer
concerning the terms and costs, risks,
and benefits of the loan. Consumers
should be provided with information
sufficient to draw their attention to
these key terms.
E. Purchased and Brokered Loans.
With respect to consumer residential
mortgage loans that the bank purchases,
or makes through a mortgage broker or
other intermediary, the bank’s
residential mortgage lending activities
should reflect standards and practices
consistent with those applied by the
bank in its direct lending activities and
include appropriate measures to
mitigate risks, such as the following:
VerDate jul<14>2003
16:29 Feb 04, 2005
Jkt 205001
1. Criteria for entering into and
continuing relationships with
intermediaries and originators,
including due diligence requirements.
2. Underwriting and appraisal
requirements.
3. Standards related to total loan
compensation and total compensation of
intermediaries, including maximum
rates, points, and other charges, and the
use of overages and yield-spread
premiums, structured to avoid
providing an incentive to originate loans
with predatory or abusive
characteristics.
4. Requirements for agreements with
intermediaries and originators,
including with respect to risks
identified in the due diligence process,
compliance with appropriate bank
policies, procedures and practices and
with applicable law (including remedies
for failure to comply), protection of the
bank against risk, and termination
procedures.
5. Loan documentation procedures,
management information systems,
quality control reviews, and other
methods through which the bank will
verify compliance with agreements,
bank policies, and applicable laws, and
otherwise retain appropriate oversight
of mortgage origination functions,
including loan sourcing, underwriting,
and loan closings.
6. Criteria and procedures for the
bank to take appropriate corrective
action, including modification of loan
terms and termination of the
relationship with the intermediary or
originator in question.
F. Monitoring and Corrective Action.
A bank’s consumer residential mortgage
lending activities should include
appropriate monitoring of compliance
with applicable law and the bank’s
lending standards and practices,
periodic monitoring and evaluation of
the nature, quantity and resolution of
customer complaints, and appropriate
evaluation of the effectiveness of the
bank’s standards and practices in
accomplishing the objectives set forth in
these Guidelines. The bank’s activities
also should include appropriate steps
for taking corrective action in response
to failures to comply with applicable
law and the bank’s lending standards,
and for making adjustments to the
bank’s activities as may be appropriate
to enhance their effectiveness or to
reflect changes in business practices,
market conditions, or the bank’s lines of
business, residential mortgage loan
programs, or customer base.
PO 00000
Frm 00022
Fmt 4700
Sfmt 4700
Dated: January 31, 2005.
Julie L. Williams,
Acting Comptroller of the Currency.
[FR Doc. 05–2211 Filed 2–4–05; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2005–20060; Airspace
Docket No. 05–ACE–2]
Modification of Class E Airspace;
Rolla, MO
Federal Aviation
Administration (FAA), DOT.
ACTION: Direct final rule; request for
comments.
AGENCY:
SUMMARY: This action amends Title 14
Code of Federal Regulations, part 71 (14
CFR 71) by revising Class E airspace at
Rolla, MO. A review of controlled
airspace for Rolla Downtown Airport
revealed it does not comply with the
criteria for 700 feet above ground level
(AGL) airspace required for diverse
departures. The area is modified and
enlarged to conform to the criteria in
FAA Orders.
DATES: This direct final rule is effective
on 0901 UTC, May 12, 2005. Comments
for inclusion in the Rules Docket must
be received on or before March 2, 2005.
ADDRESSES: Send comments on this
proposal to the Docket Management
System, U.S. Department of
Transportation, Room Plaza 401, 400
Seventh Street, SW., Washington, DC
20590–0001. You must identify the
docket number FAA–2005–20060/
Airspace Docket No. 05–ACE–2, at the
beginning of your comments. You may
also submit comments on the Internet at
https://dms.dot.gov. You may review the
public docket containing the proposal,
any comments received, and any final
disposition in person in the Dockets
Office between 9 a.m. and 5 p.m.,
Monday through Friday, except Federal
holidays. The Docket Office (telephone
1–800–647–5527) is on the plaza level
of the Department of Transportation
NASSIF Building at the above address.
FOR FURTHER INFORMATION CONTACT:
Brenda Mumper, Air Traffic Division,
Airspace Branch, ACE–520A, DOT
Regional Headquarters Building, Federal
Aviation Administration, 901 Locust,
Kansas City, MO 64106; telephone:
(816) 329–2524.
SUPPLEMENTARY INFORMATION: This
amendment to 14 CFR 71 modifies the
Class E airspace area extending upward
E:\FR\FM\07FER1.SGM
07FER1
Federal Register / Vol. 70, No. 24 / Monday, February 7, 2005 / Rules and Regulations
from 700 feet above the surface at Rolla,
MO. An examination of controlled
airspace for Rolla Downtown Airport
revealed it does not meet the criteria for
700 feet AGL airspace required for
diverse departures as specified in FAA
Order 7400.2E, Procedures for Handling
Airspace Matters. The criteria in FAA
Order 7400.2E for an aircraft to reach
1200 feet AGL, taking into consideration
rising terrain, is based on a standard
climb gradient of 200 feet per mile plus
the distance from the airport reference
point to the end of the outermost
runway. Any fractional part of a mile is
converted to the next higher tenth of a
mile. This amendment expands the
airspace area from a 6-mile radius to a
7.8-mile radius of Rolla Downtown
Airport and brings the legal description
of the Rolla, MO Class E airspace area
into compliance with FAA Order
7400.2E. This area will be depicted on
appropriate aeronautical charts. Class E
airspace areas extending upward from
700 feet or more above the surface of the
earth are published in paragraph 6005 of
FAA Order 7400.9M, Airspace
Designations and Reporting Points,
dated August 30, 2004, and effective
September 16, 2004, which is
incorporated by reference in 14 CFR
71.1. The Class E airspace designation
listed in this document will be
published subsequently in the Order.
The Direct Final Rule Procedure
The FAA anticipates that this
regulation will not result in adverse or
negative comment and, therefore, is
issuing it as a direct final rule. Previous
actions of this nature have not been
controversial and have not resulted in
adverse comments or objections. Unless
a written adverse or negative comment,
or a written notice of intent to submit
an adverse or negative comment is
received within the comment period,
the regulation will become effective on
the date specified above. After the close
of the comment period, the FAA will
publish a document in the Federal
Register indicating that no adverse or
negative comments were received and
confirming the date on which the final
rule will become effective. If the FAA
does receive, within the comment
period, an adverse or negative comment,
or written notice of intent to submit
such a comment, a document
withdrawing the direct final rule will be
published in the Federal Register, and
a notice of proposed rulemaking may be
published with a new comment period.
Comments Invited
Interested parties are invited to
participate in this rulemaking by
submitting such written data, views, or
VerDate jul<14>2003
16:29 Feb 04, 2005
Jkt 205001
arguments, as they may desire.
Comments that provide the factual basis
supporting the views and suggestions
presented are particularly helpful in
developing reasoned regulatory
decisions on the proposal. Comments
are specifically invited on the overall
regulatory, aeronautical, economic,
environmental, and energy-related
aspects of the proposal.
Communications should identify both
docket numbers and be submitted in
triplicate to the address listed above.
Commenters wishing the FAA to
acknowledge receipt of their comments
on this notice must submit with those
comments a self-addressed, stamped
postcard on which the following
statement is made: ‘‘Comments to
Docket No. FAA–2005–20060/Airspace
Docket No. 05–ACE–2.’’ The postcard
will be date/time stamped and returned
to the commenter.
Agency Findings
The regulations adopted herein will
not have a substantial direct effect on
the States, on the relationship between
the national Government and the States,
or on the distribution of power and
responsibilities among the various
levels of government. Therefore, it is
determined that this final rule does not
have federalism implications under
Executive Order 13132.
The FAA has determined that this
regulation only involves an established
body of technical regulations for which
frequent and routine amendments are
necessary to keep them operationally
current. Therefore, this regulation—(1)
is not a ‘‘significant regulatory action’’
under Executive Order 12866; (2) is not
a ‘‘significant rule’’ under DOT
Regulatory Policies and Procedures (44
FR 11034; February 26, 1979); and (3)
does not warrant preparation of a
Regulatory Evaluation as the anticipated
impact is so minimal. Since this is a
routine matter that will only affect air
traffic procedures and air navigation, it
is certified that this rule, when
promulgated, will not have a significant
economic impact on a substantial
number of small entities under the
criteria of the Regulatory Flexibility Act.
This rulemaking is promulgated
under the authority described in
Subtitle VII, Part A, Subpart I, Section
40103. Under that section, the FAA is
charged with prescribing regulations to
assign the use of the airspace necessary
to ensure the safety of aircraft and the
efficient use of airspace. This regulation
is within the scope of that authority
since it contains aircraft executing
instrument approach procedures to
Rolla Downtown Airport.
PO 00000
Frm 00023
Fmt 4700
Sfmt 4700
6335
List of Subjects in 14 CFR Part 71
Airspace, Incorporation by reference,
Navigation (air).
Adoption of the Amendment
Accordingly, the Federal Aviation
Administration amends 14 CFR part 71
as follows:
I
PART 71—DESIGNATION OF CLASS A,
CLASS B, CLASS C, CLASS D, AND
CLASS E AIRSPACE AREAS;
AIRWAYS; ROUTES; AND REPORTING
POINTS
1. The authority citation for part 71
continues to read as follows:
I
Authority: 49 U.S.C. 106(g), 40103, 40113,
40120; E.O. 10854, 24 FR 9665, 3 CFR, 1959–
1963 Comp., p. 389.
§ 71.1
[Amended]
2. The incorporation by reference in 14
CFR 71.1 of Federal Aviation
Administration Order 7400.9M, dated
August 30, 2004, and effective
September 16, 2004, is amended as
follows:
I
Paragraph 6005 Class E airspace areas
extending upward from 700 feet or more
above the surface of the earth.
*
*
*
*
*
ACE MO E5 Rolla, MO
Rolla Downtown Airport, MO
(Lat. 37°56′08″ N., long. 91°48′49″ W.)
That airspace extending upward from 700
feet above the surface within a 7.8-mile
radius of Rolla Downtown Airport.
*
*
*
*
*
Issued in Kansas City, MO, on January 20,
2005.
Anthony D. Roetzel,
Acting Area Director, Western Flight Services
Operations.
[FR Doc. 05–2232 Filed 2–4–05; 8:45 am]
BILLING CODE 4910–13–M
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2004–18734; Airspace
Docket No. 03–AAL–03]
RIN 2120–AA66
Revision of Colored Federal Airway;
AK
Federal Aviation
Administration (FAA), DOT.
ACTION: Final rule.
AGENCY:
SUMMARY: This action revises Colored
Federal Airway Green 16 (G–16), in
Alaska. This action adds to the
E:\FR\FM\07FER1.SGM
07FER1
Agencies
[Federal Register Volume 70, Number 24 (Monday, February 7, 2005)]
[Rules and Regulations]
[Pages 6334-6335]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-2232]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA-2005-20060; Airspace Docket No. 05-ACE-2]
Modification of Class E Airspace; Rolla, MO
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Direct final rule; request for comments.
-----------------------------------------------------------------------
SUMMARY: This action amends Title 14 Code of Federal Regulations, part
71 (14 CFR 71) by revising Class E airspace at Rolla, MO. A review of
controlled airspace for Rolla Downtown Airport revealed it does not
comply with the criteria for 700 feet above ground level (AGL) airspace
required for diverse departures. The area is modified and enlarged to
conform to the criteria in FAA Orders.
DATES: This direct final rule is effective on 0901 UTC, May 12, 2005.
Comments for inclusion in the Rules Docket must be received on or
before March 2, 2005.
ADDRESSES: Send comments on this proposal to the Docket Management
System, U.S. Department of Transportation, Room Plaza 401, 400 Seventh
Street, SW., Washington, DC 20590-0001. You must identify the docket
number FAA-2005-20060/Airspace Docket No. 05-ACE-2, at the beginning of
your comments. You may also submit comments on the Internet at https://
dms.dot.gov. You may review the public docket containing the proposal,
any comments received, and any final disposition in person in the
Dockets Office between 9 a.m. and 5 p.m., Monday through Friday, except
Federal holidays. The Docket Office (telephone 1-800-647-5527) is on
the plaza level of the Department of Transportation NASSIF Building at
the above address.
FOR FURTHER INFORMATION CONTACT: Brenda Mumper, Air Traffic Division,
Airspace Branch, ACE-520A, DOT Regional Headquarters Building, Federal
Aviation Administration, 901 Locust, Kansas City, MO 64106; telephone:
(816) 329-2524.
SUPPLEMENTARY INFORMATION: This amendment to 14 CFR 71 modifies the
Class E airspace area extending upward
[[Page 6335]]
from 700 feet above the surface at Rolla, MO. An examination of
controlled airspace for Rolla Downtown Airport revealed it does not
meet the criteria for 700 feet AGL airspace required for diverse
departures as specified in FAA Order 7400.2E, Procedures for Handling
Airspace Matters. The criteria in FAA Order 7400.2E for an aircraft to
reach 1200 feet AGL, taking into consideration rising terrain, is based
on a standard climb gradient of 200 feet per mile plus the distance
from the airport reference point to the end of the outermost runway.
Any fractional part of a mile is converted to the next higher tenth of
a mile. This amendment expands the airspace area from a 6-mile radius
to a 7.8-mile radius of Rolla Downtown Airport and brings the legal
description of the Rolla, MO Class E airspace area into compliance with
FAA Order 7400.2E. This area will be depicted on appropriate
aeronautical charts. Class E airspace areas extending upward from 700
feet or more above the surface of the earth are published in paragraph
6005 of FAA Order 7400.9M, Airspace Designations and Reporting Points,
dated August 30, 2004, and effective September 16, 2004, which is
incorporated by reference in 14 CFR 71.1. The Class E airspace
designation listed in this document will be published subsequently in
the Order.
The Direct Final Rule Procedure
The FAA anticipates that this regulation will not result in adverse
or negative comment and, therefore, is issuing it as a direct final
rule. Previous actions of this nature have not been controversial and
have not resulted in adverse comments or objections. Unless a written
adverse or negative comment, or a written notice of intent to submit an
adverse or negative comment is received within the comment period, the
regulation will become effective on the date specified above. After the
close of the comment period, the FAA will publish a document in the
Federal Register indicating that no adverse or negative comments were
received and confirming the date on which the final rule will become
effective. If the FAA does receive, within the comment period, an
adverse or negative comment, or written notice of intent to submit such
a comment, a document withdrawing the direct final rule will be
published in the Federal Register, and a notice of proposed rulemaking
may be published with a new comment period.
Comments Invited
Interested parties are invited to participate in this rulemaking by
submitting such written data, views, or arguments, as they may desire.
Comments that provide the factual basis supporting the views and
suggestions presented are particularly helpful in developing reasoned
regulatory decisions on the proposal. Comments are specifically invited
on the overall regulatory, aeronautical, economic, environmental, and
energy-related aspects of the proposal. Communications should identify
both docket numbers and be submitted in triplicate to the address
listed above. Commenters wishing the FAA to acknowledge receipt of
their comments on this notice must submit with those comments a self-
addressed, stamped postcard on which the following statement is made:
``Comments to Docket No. FAA-2005-20060/Airspace Docket No. 05-ACE-2.''
The postcard will be date/time stamped and returned to the commenter.
Agency Findings
The regulations adopted herein will not have a substantial direct
effect on the States, on the relationship between the national
Government and the States, or on the distribution of power and
responsibilities among the various levels of government. Therefore, it
is determined that this final rule does not have federalism
implications under Executive Order 13132.
The FAA has determined that this regulation only involves an
established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current.
Therefore, this regulation--(1) is not a ``significant regulatory
action'' under Executive Order 12866; (2) is not a ``significant rule''
under DOT Regulatory Policies and Procedures (44 FR 11034; February 26,
1979); and (3) does not warrant preparation of a Regulatory Evaluation
as the anticipated impact is so minimal. Since this is a routine matter
that will only affect air traffic procedures and air navigation, it is
certified that this rule, when promulgated, will not have a significant
economic impact on a substantial number of small entities under the
criteria of the Regulatory Flexibility Act.
This rulemaking is promulgated under the authority described in
Subtitle VII, Part A, Subpart I, Section 40103. Under that section, the
FAA is charged with prescribing regulations to assign the use of the
airspace necessary to ensure the safety of aircraft and the efficient
use of airspace. This regulation is within the scope of that authority
since it contains aircraft executing instrument approach procedures to
Rolla Downtown Airport.
List of Subjects in 14 CFR Part 71
Airspace, Incorporation by reference, Navigation (air).
Adoption of the Amendment
0
Accordingly, the Federal Aviation Administration amends 14 CFR part 71
as follows:
PART 71--DESIGNATION OF CLASS A, CLASS B, CLASS C, CLASS D, AND
CLASS E AIRSPACE AREAS; AIRWAYS; ROUTES; AND REPORTING POINTS
0
1. The authority citation for part 71 continues to read as follows:
Authority: 49 U.S.C. 106(g), 40103, 40113, 40120; E.O. 10854, 24
FR 9665, 3 CFR, 1959-1963 Comp., p. 389.
Sec. 71.1 [Amended]
0
2. The incorporation by reference in 14 CFR 71.1 of Federal Aviation
Administration Order 7400.9M, dated August 30, 2004, and effective
September 16, 2004, is amended as follows:
Paragraph 6005 Class E airspace areas extending upward from 700
feet or more above the surface of the earth.
* * * * *
ACE MO E5 Rolla, MO
Rolla Downtown Airport, MO
(Lat. 37[deg]56'08'' N., long. 91[deg]48'49'' W.)
That airspace extending upward from 700 feet above the surface
within a 7.8-mile radius of Rolla Downtown Airport.
* * * * *
Issued in Kansas City, MO, on January 20, 2005.
Anthony D. Roetzel,
Acting Area Director, Western Flight Services Operations.
[FR Doc. 05-2232 Filed 2-4-05; 8:45 am]
BILLING CODE 4910-13-M